The ASX200 finished in a sea of red - the local bourse was down .84 of a per cent - with every sector - except real estate - sinking.
Green
American Rare Earths had a stellar day on news it's hit a key milestone at Halleck Creek — it's removed impurities like iron, silica and aluminum from ore - all of which paves the way for efficient rare earth extraction, marking a major step toward pre-feasibility.
Resource Minerals International was also up after confirming high-grade gold and silver across its Shaib Marqan and Wadi Salamah projects in Saudi Arabia — including assays up to 40 grams per tonne gold.
Red
Treasury Wine plunged as the company withdrew its FY26 guidance, after softer sales in China raised doubts over Penfolds’ growth targets.
Vulcan Energy also plunged despite news of a major offtake deal with Glencore — the final agreement needed to secure financing for its Phase One Lionheart lithium project.
#AmericanRareEarths #ResourceMineralsInternational #TreasuryWine #VulcanEnergy #ASX200